Yes when we had a TimeShare and the fees kept going up every year--we just stopped paying the monthly payments and the fees and they did call us and wrote letters which we told them that we were not paying any longer--we decided to stop throwing good money after bad!! I would never buy into a Vacation Club or a TimeShare again. This is just my experience!

We are timeshare owners with four weeks. We have bought and sold several others over the years. We really love our timeshares and find that they allow us to travel to places we probably wouldn't have considered before on a relatively decent budget. I know many people that love the Vidanta property in the Riviera Maya, however the Mayan Palace is the lowest level property they have there so the quality of the unit you got doesn't surprise me. The high pressure pitches are notorious in Mexico. They don't like to take no for an answer. Good for you for standing your ground.

There is no equity in a timeshare. You can’t get rid of them if you want to and if you try to change a week, you will be charged. Maintenance fees are constantly rising . DON’T BUY A TIMESHARE!!

We have a travel club membership and pay zero maintenance and it was about half the price as those timeshares you're showing in your screenshot. We go to 4 all-inclusive resorts in both Cancun and Cabo, VIP benefits which include round trip private transportation to and from the hotel, top-shelf alcohol, private members-only menu (much better food). It also includes RCI membership where we pay $430 per week at just about any hotel we could possibly think of.

One thing holds true for any deal you make: always know how to get out of the deal. Whether it's a timeshare, vacation club, interval ownership, partnership, lease, contract, etc. you should always understand the exit - sometimes there is no exit. We are all trusting souls who tend to see what we want & hope for but, like indentured servitude, many deals are traps that should not be legal but it seems that they are . . .

I have owned a timeshare in downtown San Diego for over 20 years and never stayed a week there. I joined RCI and have enjoyed yearly vacations at fabulous resorts all over the world! San Diego is a RED resort, meaning it is popular year round. Recently they changed there program. For the last 5 or 6 years I have had 2 or 3 resort vacations for depositing my one valuable week in SD. My maintenance fees are $500/yr and it costs me $139/179 per vacation, plus a small yearly RCI membership fee. Last year I reserved 2 2 bd condos next to each other at Disney World for 8 family members for $500 for a week, less then $65/person for a weeks lodging. I have stayed in a castle in Ireland, a small apt. on Crete, many times in Hawaii and Mexico, a room over the ocean in Moorea. I suppose I am one of the happy timeshare owners!!!

Thanks for creating this video (now 2 years old). We too had a very bad experience of being suckered into purchasing a timeshare/vacation club. The bottom line for me was, that I could book the exact same vacation (many times, even better) at the same location for less money WITH FLIGHTS. Huge rip-off! Whenever anyone tries to get you to sign onto a contract in the spur of the moment (no time to examine the materials), RUN!!! Also, most people that I know who SAY they enjoy their timeshare/club membership confess to me that they have NO CHOICE but to make the best of it, now that they have been pulled in.

Excellent presentation, thanks for educating us.

I am a member of a vacation club. I haven't had any problems with it so far. I typically travel twice a year. One week in May, and one week in September. Luckily that's the off peak season in Mexico and the Caribbean, which is where my resort groups are, so I've never had a problem with booking or availability.

This was extremely helpful. Thanks for sharing!

Thank you explaining things so clearly.

We joined a vacation club two years ago and we’ve loved the experience so far. Overall we will probably not save a whole lot of money, (since we’ve paid upfront to get discounted trips later). But we know we will get great service and quality resorts. What works well though is we’ve “forced” ourselves to take a Caribbean trip every year and we can take family and friends - who actually DO save a couple of hundred dollars compared to booking the same trip on their own.

We received some awesome info via email from one our viewers (Micha): "Great site guys! Only one point I'd like to highlight. I am not aware of any situation where a person gains equity in a timeshare. There are tons of sites that sell them at a steep discount. These companies/brokers help timeshare owners get rid of them so the new buyer can get a much lower price than the original owner paid. I loved everything you talked about except that while a timeshare is a form of ownership, it is rarely a product that gains equity. Actually, they typically depreciate as the property ages and people get tired of the very high monthly maintenance fees. Owners are willing to sell them at a loss just to avoid having to pay upwards of 700 dollars a month or more for maint. fees. Timeshares are different from Fractional ownership, which is a different talk altogether. Love your content!" Wanted to share since it's useful info, especially for those of you considering a time share!

I just went to a Wyndham presentation. It was 4 hours long. They wanted me to make a decision today, but I told them I could not decide that fast. This is not something I could just decide in a couple of hours without researching. They did not look so happy about me needing to think it over. I just recently got into the Points and miles game. I was trying to decide what to add after my Chase trifecta, so I figure I should look into Hotel cards or other options. I do see what they mean when referring to everything costing more in the future, but I think I like having the flexibly of only paying when I decide to go somewhere (no maintenance fees). I could also shop around, and not worry about being stuck to one Hotel line, etc.

You are correct on the high pressure sales tactics used in the timeshare. They would harrass us by constantly calling the room or trying to get us to join a meeting if they caught us in the lobby. Once they get you in a meeting, they keep you for hours trying to get you to continuously upgrade. We paid a company to help us get out. I'm so happy we are free of that burden. I would not recommend anyone to get locked into that nightmare.

New subscriber- love your honesty

Can anyone share a Vegas experience with me, I was interested but I've never been through the sale pitch?

I like the tip on refusing to sign the credit card statement on arrival but with e-signature option is may be difficult today as the hotel can lie or sign for you

Thanks for sharing this info. Great video, do you have more videos about timeshare? I just bought one in Westgate resort in Orlando

So here is how I have managed to keep my money...I do not have any debt...I don't buy timeshares or so-called vacation clubs. If we want to go on vacation, we pick up the phone, call a hotel, book a room and then get on a plane and go. If we can't pay cash for it, it does not happen!

Thanks for the information, I do not have any experiences yet because I just purchased my timeshare a week ago, give me some time before I can response to your question. I hope I do not have good expeirnces because some people had issues everyone is difference, a wait a see game for me right now.

It seems like You would save money by just booking your vacation when you want to go rather then paying every month for a property you can only access 2x a year. Just doesn't make sense to me. I'd have to see a break down on how it's saving me money paying a few every month VS booking a resort for a week on my own. like. If I booked a resort for a week and it cost $2,000. What is the total cost yearly someone would pay into a timeshare.

both vacation club and timeshare raise a certain aversion when i hear these terms ... thats why i always only checked in to a hotel of a chain.

Wish I had done my research beforehand. My wife and I just got roped into a club that was a $5,000 base and then 200$/year. They through in a trip with air fare and a week stay in Hawaii so I jumped on it impulsively. Buyer's remorse hardcore right now.

Very very cute guy and we are learning too nice awesome deal lol

sorry to hear about your experience i own a time share and i love it i only had one bad experience with my timeshare only because of construction i own the time share for 8 years

I think it’s better now…as there are options to use or rent out your points.

There is no equity in timeshares. Just ask anyone who's ever tried to sell their timeshare.

Not all timeshares or vacation ownerships are created equal, WorldMark by Wyndham for example is at the top of the list and has been a blessing for my family and friends. Some presentations are awkward and pushy for sure, but also we as consumers are stubborn and close minded at times. Ever have to go through something a few times and get hurt before you found a better way or the right person? If every person gave up on things at the first sign of resistance we’d be far behind and unsatisfied. God bless and safe travels.

Yes! I heard they can get extremely angry!

Build equity on time share is the funniest thing I have ever heard. :)

What does the hotel you chose have to do with the difference between clubs and timeshares?

I am a member of DVC (Disney Vacation Club). I haven't had any problems until now. For me DVC is awesome I receive discount at Disney's stores and Parks tickets and you can book fast passes 60 days in advanced. reedom and flexibility to use your points . The properties are very good and also you can use your points to enjoy Disney cruises. Disadvantages: To compensate the price you need to travel at least twice an year, villas do not receive housekeeping every day, the points are only good for one year,

Not all vacation clubs use “right of use”... some are “deeded”.

6 hours at a Cancun time share presentation, and even bought it but changed our mind the next day and cancelled it through the credit card company which was very easy, but they still came after me with a collection company. Called a friend of mine lawyer and told me to direct all calls to him so could tell them to go to hell. They never called again. SIDE NOTE, At the presentation they even went to the restroom with me. Learned my lesson and now I go to get the money or show tickets and waste their F'N time. Soon as it starts I start with no and after they have heard it at least three times and sometimes more they give up. Done it at least 10 times now.

I bought Disney Vacation points for $80 a point and they are worth over $130 a point now. Buy resale and do your research!!

Damn. Glad you escaped the timeshare scam.

And also, resorts in the United States DO NOT HAVE THE RIGHT to refuse rescission as this is mandated under federal and state law. The period can vary from 3-7 days.

debunk the pros of timeshare: 1- ownership and build equity: in reality there is not build equity at all because no one want to buy something that hurt him/her than brings benefit. usually people buy it for large amount of money and sell it for $1 in eBay due to the maintenance fees. Ownership is huge con in reality because it make timeshare stuck with you forever. 2- consistency in timing : this is in reality big disadvantage again because it force you for specific time and we all know that life is not fixed. 3- flexibility: that is not true because most timeshare resort require more fees to be able to exchange it with others. Also, it is not guarantee that you will find someone have timeshare in the same place that you are planning to. In addition, there is huge problem with "availability" and most resort require 60 day notice to book for a vacation which ridiculous. Also, they will force you to attend more presentations every time you travel there because they only want your money.

Get in writing the cost of cancellation of timeshare in future. Fun for a few years until you get tired of it and want to give it back. Of course it has no resale value.

Hmm, I like how he snuck in the chase promo.

So the bottom line for timeshares are not the best idea?

doesn't end up costing you more money to own a timeshare. all the money you pay into it and can only use it a couple weeks out of the year. what costs are related to the owner if they buy into a timeshare. do they get to stay in their unit for that week without any extra room charges. I went to a timeshare meeting once. And they are pushy and bullies. They will keep lowering the price until u say Yes. thank god. we were smart enough to say NOOOO

What did you expect from a free vacation🙄

I’m thinking of joying Vistana vacation club. Any clubs?

What happens if you ignore them

I would love to go there, take the free breakfast, attend to the first 10 minutes of the presentation, and just stand up and leave without explanation. It's not like they're detaining you, right ?

México holds the 8th place of The most visited countries. Riviera Maya, Cozumel Island and Cancun's international ranking is on the top 10. To people that travels with rci, interval, sfx can spend weeks in the best resorts in Mexico and mostly all of the have a timeshare.

Why is the manager annoyed when you told him that you already booked online?

Misinformation Vacation Club's do have access to Timeshares outside the vacation club network also vacation clubs can be deeded usually in a Real estate Trust.

airbnb, enough said

Stay away from the retail market for any timeshares! Buy second hand! People practically are giving them away on line because the maintenance fees are NOT worth it....in other words tell the pushy salesman NO! If it was that good, they wouldn’t have to force it on you!

We had to pay another company several thousands of dollars to get out of our timeshare. don't do it.

LOL ........ can you say AIRBNB

You spent 2-3 hours because of NOISE?

Sounds like the curators of your vacation stay strategically retaliated since you and your significant other both declined their many sales pitches...

ANYONE KNOW WHERE I CAN GET A GOOD TIME-SHARE IN LAS VEGAS OR ATLANTIC CITY? 🤔

Timeshare buyers fit into one of two groups. Those who know they were scammed. Those too stupid to know they were scammed.

You forgot how hard it is to get out of a timeshare & that some time shares will sue the children of someone that was foolish enough to sign up for a timeshare after they die.

why would you buy a time share in the ist place .....why on gods earth would you pay for your holidays for the next 20 years are you mad....... come on get real its a masive scam ...no telling some people ....

First off these companies don’t run your credit so if you do decide to purchase ur really not obligated to keep paying for them. I bought 2 of these before and just stopped paying. Paying a company to do something is not good. None of which has ever been on my credit. If you use then you use it. No big deal.

anyone can refer me to a top notch vacation club? im very interested.Its about time to think the word “relax” after years of bloodshed hard working in the Hospital.Please anyone can help.Thank You!

Vidanta exchange your membership with realstate a property or a condo right front of the beach

Explain the difference between timeshare, vacation clubs and fractional ownership.

Times share best thing ever

“So!…oops! Ad first lol

Ernest is being rather clueless here. People can't give away timeshares. There is no "equity". Timeshares are a scam.

Just stay away from both!!!!

You went on the comped trip, yet refused to do the mandatory tour!

Ceti M

You agreed to go to a "free/discounted" trip but not wanting to listen/attend to their sales pitch which they were up front about... That's on you...for trying to take advantage

Timeshare is not bad just because you didn’t like the hotel...

You appear to sound sincere in trying to 'help' folks, yet your video has fatal flaws. Your video is already biased before you made the video. Have you ever taken any statistics of actuarial courses? The reason I ask this is because, to make the video you are making, you should gather your own data from both owners and folks who went to presentations and became owners recently, as well as those who did not. Then build a report based on your findings. Your video only depicts your one experience, and you yourself mentioned that you've been to these presentations before, hence have already a biased attitude against vacation ownership: you seem to enjoy the discounts, yet choose to not own. Had you been educated in stats or actuarial sciences, you would have already benefited by owning and holding stocks with Marriott and Hilton Grand Vacations, as examples. Basically you would have almost doubled your investments from 2017 to 2018. We have queried our family members, friends and others who own with Disney, Hilton, Marriott, Holiday Inn and came to the following conclusion: They enjoy their clubs just as anyone being part of a Golf club, or Marching Band club at a high school or Kiwanis Club. We will have you do your research in the following, but let me share a little of what we came to find out: It appears that, based on over 10 million vacation club owners, you focused on the less than 1/2 of 1% of folks who are owners: basically those who complained about timeshare. . Let's look at that small number of owners; Wow! We see they want to stay at the significantly more exclusive resorts and expecting access, for less, when they could have the same access as anyone else by paying retail. As an example, even if you bought year long passes to Universal Studios' Volcano Bay, YOU WILL NOT HAVE ACCESS DURING PEAK SEASON, no matter which passes you buy. Why? Universal is a business! LOL! They will maximize their profits by renting by the day. Why should hotels and resorts be any different? Yet, resorts do give you the option to purchase higher club packages specifically to get better access. Same is true for many, many industries. We have a friend who was a financial adviser and now works for a large timeshare company. He, Miguel, very quickly found out that owning is better than renting, as long as you have money to vacation regularly. If you are unable to vacation, then ownership is not for you. Many of the folks who complain simply purchased an ownership without realizing airfare, dining and leisure/entertainment costs per person and solely focused on saving in hotel stays. Many of these folks earned less than 60k combined income. However you must do your own research here. Miguel also informed to 'beware of Dave Ramsey' who gains financially by sponsoring a 'get out of your timeshare' company. He will have you use that company to get rid of your timeshare for thousands of dollars when in reality you can do this for a few hundreds of dollars donating your timeshare to Wounded Warrior, as an example. Digging deeper, those who get out of timeshare become repeat offenders. How? They buy timeshare again, many do, because they miss the condominium style vacations at resorts using points instead of cash. Bottom Line: Always buyer beware, remember, owning is better than renting, and do your due diligence. The one recommendation to be made is: always go for the company that offers the best locations, the easiest program to use for you and a brand that you trust. Enjoy your vacations and let nay sayers and free loaders eek for left overs ;-)

A complaint video, misleading. Very little information about timeshare

Boi get to the point 🤬

its. not. for everybody definitly not. for. you... you. diddnt. know. how. to. use. it. properly.